FRS Reemployment after Retirement

Reemployment after Retirement

All new employees are required to confirm their retirement status under the Florida Retirement System before starting employment with the District. If you are initially reemployed on or after July 1, 2010, you will not be permitted to participate in a State of Florida administered retirement plan to earn an additional (second) retirement benefit.

Pension or DROP Members:

After you retire under the normal or early retirement provisions of the FRS Pension Plan or any other existing or state-administered retirement system, you may work for a private employer, a Florida public employer not covered by the FRS, or a public employer in another state or covered by another state’s retirement system, without affecting your retirement benefit. However, there are certain reemployment limitations that affect your retirement benefit if you are employed with FRS participating employers during the first 12 calendar months after your effective retirement or DROP termination date. For the first 12 calendar months, you cannot earn a salary from any FRS participating employer in the same month you receive retirement benefits from the FRS unless you qualify for an exception (retired before July 1, 2010). This reemployment restriction applies even if the particular position you hold is not covered by the FRS for membership purposes. For additional information, refer to FRS’ “After You Retire” brochure or call FRS Bureau of Calculations at (888) 738-2252.

Investment Plan:

If you are an Investment Plan member who has terminated FRS-covered employment and taken a distribution of any kind (lump sum, rollover, annuity, etc.), you are considered a retiree. Returning to work during the first 12 calendar months after taking a distribution may require you to pay back your distribution or impact your ability to receive additional distributions from your Investment Plan account (if any balance is remaining). For additional information, refer to FRS’ “Working after Retirement” brochure or call FRS Financial Guidance Line at (866) 446-9377.

FRS Reemployment Resources:

Video: Reemployment after Retirement (Requires Flash)
PDF Transcript
Working After Retirement Brochure (includes guidelines for the FRS Pension and FRS Investment Plan)

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A Message from Mary Tillman

The staff in EBARM wants all employees to be healthy, in mind and body, so they can be ready everyday to do their best for our children. Remember as you access health services that the District is self-insured for all medical, pharmacy and mental health services. Therefore, spend wisely, whenever you can use generics, see a primary care doctor instead of a specialist.

Also, take care of yourself, lose weight if you need to, stop smoking, take your medications as prescribed, and get some exercise. This is all good for your mind, body and wallet.

District Selected as a 2012 Healthiest Employer

The District School Board of Pasco County was selected as a 2012 Healthiest Employers Awards finalist and was honored at an awards celebration luncheon on Thursday, September 13, 2012. At the luncheon, all finalists was recognized on stage and the winners of Healthiest Employer for 2012 announced.

The District School Board of Pasco County was featured in the Tampa Bay Business Journal‘s 2012 Healthiest Employers special publication along with the other honorees. This publication announced the scores of all the 2012 Healthiest Employers in the September 14, 2012 issue of the Tampa Bay Business Journal.

Thank you to the Employee Benefit and Risk Management Department for their hard work and dedication.